The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex tanked 1,829.33 points, or 2.33 per cent, and the NSE Nifty…
Ace investor Vijay Kedia has picked up a stake in smallcap infrastructure company SPML Infra through a bulk deal, according to exchange data. Kedia Securities bought 14,98,107 shares of SPML Infra at a price of Rs 167 per share. The transaction values the purchase at about Rs 25 crore. SPML Infra is a smallcap stock…
In the past 1-month, 11 penny stocks have seen sharp declines, falling between 20% and 50%. These underperformers were identified using a targeted screening approach, focusing on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares. This strategy is…
In the week ending May 30, the benchmark Sensex fell by approximately 0.33%. However, despite the overall market downturn, seven penny stocks posted weekly gains ranging from 25% to 50%. These stocks were selected based on specific criteria: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum latest…
Why is Crypto market in Red today? Reasons are many, but one obvious jumps out – Overbought – Correction is not only necessary, but underway…. So what happened today : Over the past 24 hours, the global crypto currency market capitalization saw another drop. It’s down 3.3% to $3.41 trillion. At the time of…
A widely followed analyst is unveiling a possible timeline for the altcoin markets to record new all-time highs. In a new strategy session, trader Jason Pizzino tells his 329,000 YouTube subscribers that he’s looking closely at the TOTAL3 chart, which tracks the market capitalization of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins….